A Direct Public Offering - or DPO - helps take a company public WITHOUT an underwriter (like an investment bank). This allows the company going public to raise money (similar to an IPO) but with less dilution (allowing them to retain more ownership).
Ya sell shares to the public to start the show
Thats how ya - lower cost of capital attractive
To small companies with a client base that's active
You can skip the banks and underwriters
People will invest if they believe in the insiders
The issuer can set the price of the security
The minimum investment amount of currency
The limit you can buy and the date of settlement
Because it is direct, it is not as prevalent
There's no new shares so theres no dilution
No large venture capitalist institutions
Investin on the launch, so it's double edge sword
But if public engages, company moves forward
You all on board? This my Urvin flow
And that's Direct Public Offering- DPO